Skip to content

News / Archive

Earlier crypto stories

Stories from the past month. Subscribers see every story as it happens, and the full history.

Page 80

Description
  1. News

    GE Aerospace Third Quarter Results

    General Electric Aerospace reported adjusted EPS of $2.25 and adjusted revenue of $13.29 billion for the third quarter. The company also expects fiscal year adjusted EPS of between $8.00 and $8.10 and adjusted free cash flow of between $9.1 billion and $9.4 billion. The company anticipates adjusted operating profit for the fiscal year of between $10.9 billion and $11 billion, and plans to issue new debt in 2027 to partially finance the Canada Pension Plan (CPP) agreement.

  2. Growth

    Genuine Parts Reports Q3 Growth

    Genuine Parts reported net sales of $6.5 billion, with adjusted earnings per share of $2.07. The company lowered its adjusted EPS guidance for 2026 and expects fiscal year adjusted EPS of between $7.50 and $7.75. Sales growth is projected to be between +3% and +5.5%, with cash flow from operating activities expected to be between $1 billion and $1.2 billion.

  3. Growth

    RTX Q3 2026 Financial Results Released

    RTX has released its third quarter 2026 financial results, showing an adjusted EPS of $1.79 and revenue of $24.97 billion, up 11% year-over-year. Free cash flow is projected to be between $9 billion and $9.2 billion, up from the previous year's $8.5 billion to $8.75 billion. Fiscal year adjusted EPS is now expected to be between $6.75 and $7.75, and fiscal year adjusted sales are expected to be between $97 billion and $97.5 billion.

  4. News

    Crypto Groups Oppose Illinois Tax Proposal

    Crypto groups are opposing a tax proposal in Illinois that would tax asset value rather than gains, with covered brokers required to collect the tax from Illinois customers. The proposal is part of a broader effort to regulate digital assets in the state.

  5. News

    Grayscale Research: US Cryptocurrency Activity Estimates

    Grayscale Research estimates that about 15-20% of global cryptocurrency activity occurs in the United States, with the rest in other countries, allowing the industry to evolve independently of U.S. midterm elections outcomes.

  6. All Time High

    Morgan Anticipates Crypto Spring

    Morgan predicts a significant rally in the crypto market within the next four months, suggesting a high likelihood of a new all-time high.

  7. Growth

    Circle Internet Reports Q3 2026 Earnings

    Circle Internet reported an EPS of 84 cents in Q3 2026, surpassing last year's 64 cents. Total revenue and reserve income reached $864.9 million, exceeding estimates of $776.7 million. Adjusted EBITDA was $317 million, ahead of the anticipated $202.8 million. The reserve return rate was 3.5%. Circle's stablecoin market share is now 27%, and $104 billion in USDC was minted. Fiscal-year adjusted operating expenses are projected between $570 million and $585 million. Guidance remains unchanged.

  8. News

    Central Banks Increased Gold Purchases in September

    In September, global central banks purchased 61 tons of gold, marking the highest monthly acquisition this year. Poland and China led the buying, with other net buyers including Uzbekistan, Kazakhstan, Jordan, the Czech Republic, and Bolivia. The data is based on publicly reported changes and excludes the State Oil Fund of Azerbaijan, which only reports quarterly data.

  9. News

    Qualcomm Reports Fourth-Quarter Earnings Exceeding Expectations

    Qualcomm reported its fourth-quarter earnings with an adjusted revenue of $10.44 billion and an adjusted EPS of $2.17, surpassing the forecasted $10.12 billion and $2.16, respectively. For the full year, capital expenditures were $2.49 billion, exceeding the expected $1.86 billion. The company projects first-quarter revenue to range from $10.4 billion to $11.2 billion and adjusted EPS between $2.15 and $2.35.

  10. News

    Democrats Gain Control of U.S. House of Representatives

    Democrats have gained control of the U.S. House of Representatives and are nearing a majority in the Senate, as reported by Bloomberg. President Trump has stated he is ready to acknowledge the midterm election results and collaborate with Democrats in Congress.

  11. News

    Former President Trump Expresses Veto Intentions

    Former President Donald Trump expressed in a POLITICO interview that he holds veto power over any bill but does not intend to become a veto machine in the next two years. Trump indicated his willingness to collaborate with Democrats, noting they've already reached out. Meanwhile, Trump posted a Truth Social image hinting at 'veto.' On November 2, he threatened to veto everything if Democrats win, previously asserting he’d become 'Mr. Veto' against their initiatives.

  12. News

    Ethereum Economic Zone launches Rollup X and Aztec unveils Tierra upgrade

    EEZ introduced Rollup X on a devnet, showcasing atomic cross‑network calls between Ethereum and rollups without bridge messages, with demos using L1 liquidity, wallet updates, and Falcon signatures. The testnet is under security audit and aims for Gnosis Chain migration in 2027. Aztec launched the Tierra upgrade on its Alpha V6 network, halving private transaction proof times to about one second and adding formal verification and AI‑driven security testing; message delivery between Ethereum and Aztec now drops to 12 seconds. L2BEAT rebranded as ETHBEAT to broaden its research beyond Layer 2s. ZisK demonstrated real‑time proving on Optimism mainnet, generating proofs in ~11 seconds using high‑end GPUs. Additional notes: Devcon Day 2 livestream, Crédit Mutuel Arkéa hack loss of $133 million, and Ape Chain migration to Chainlink CCIP.

  13. All Time High

    Solana Whale Hits $16K

    A Solana whale has reached a new high of $16K, outperforming previous high of $12K.

  14. Update

    LND v0.20.7-beta and v.21.6-beta Released with Mitigation for Linux Flaw

    Lightning Labs has released LND v0.20.7-beta and v.21.6-beta to disable Multipath TCP by default to address a critical Linux vulnerability. However, operators still need a patched kernel to fully fix the underlying issue. The updates are part of ongoing efforts to enhance security in the Lightning Network.

  15. News

    Democrats win Congress as crypto CLARITY Act stalls

    Democrats secured control of both chambers, while the CLARITY crypto market‑structure bill remains deadlocked with 49‑50 Senate votes, needing 60 to advance. Bitcoin fell to $75,600 before rebounding to $79,000, and other major tokens recovered similarly. Polygon proposes a hard fork to return 70.49 M POL ($6.8 M) from frozen addresses. Binance expanded proof‑of‑reserves to 44 tokens after a hack. Morgan Stanley tokenized U.S. stocks and treasuries via DTCC. Circle Payments Network hit $41.3 B annualized volume in Q3, up from $2.7 B a year earlier.

  16. Hacking News

    Coinbase Claims No Assets Lost in Binance Hack

    Coinbase, a U.S. cryptocurrency exchange, stated that it was not affected by the $6.4 billion Binance hack. The exchange detailed its security measures, including the use of offline storage for over 99% of customer assets, split private keys, and kill switches. Coinbase also highlighted several layers of protection, such as private key splitting, strict limits on hot wallet transactions, and the ability to trigger kill switches to take signing keys offline. The company assumed employees could be targeted by phishing and designed its controls to prevent unauthorized actions, even with stolen credentials.

  17. Update

    Super Micro Reports Record Q1 FY27 Revenue

    Super Micro Computer reported record net sales of $19.9 billion in fiscal Q1 2027, up 298% from $5.0 billion a year earlier. The company's guidance for full-year FY2027 revenue was raised to between $72 billion and $82 billion, up from a prior range of $65 billion to $72 billion. Despite the positive financials, the stock reaction remains muted due to concerns about margins, cash flow issues, and the company's reliance on a single customer.

  18. News

    Amazon and Microsoft Add Close to $445 Billion in Market Value

    Amazon and Microsoft added close to $445 billion in combined market value in a single morning on November 4, 2026. The move came the day after the US midterm elections, in which Democrats won control of both the House and the Senate. Investors saw the two cloud giants as winners, with Microsoft accounting for the larger share of the gain, adding around $250 billion in market value on its own. The election results and strong earnings reports contributed to the surge.

  19. Update

    1inch App Improves Cross-Chain Swap Experience

    1inch has updated its app to allow users to perform secure cross-chain swaps across 18+ supported networks in a single transaction. Users can select the tokens and chains they want to swap from and receive, and choose the destination chain. The app uses intent-based execution to ensure the best rate, zero swap gas fees, and MEV protection, which is included in the default swap method and advanced in the Pro interface.

  20. News

    Ethereum core upgrades progress and new tooling emerges

    Ethereum’s upgrade process remains deliberate, but recent advances bypass hard forks, including Solar—a Rust‑built Solidity compiler reducing deployment costs by ~26%, Rollup X’s testnet enabling cross‑chain composability, and the Fast Confirmation Rule beta allowing near‑instant block confirmation. Additionally, crypto markets reacted to the U.S. election with Bitcoin stabilizing around $80K and ETH up ~4%, Zcash community adjusted its grant allocation, and Circle reported Q3 revenue up 17% to $865M while cutting staff by ~5%.

  21. Update

    Bitcoin Miners Sell BTC for AI Data Center Expansion

    Bitcoin miners Riot Platforms and Hut 8 have sold significant amounts of Bitcoin (BTC) in their Q3 earnings reports. Riot Platforms sold 10,599 BTC worth $751.5 million in Q3, more than half of the 20,264 BTC it has dumped in 2026 (nearly $1.5 billion total). Hut 8 sold about $250 million worth of BTC across Q3 and October to buy back its own stock. The pace of sales is accelerating, with 3,778 BTC in Q1 ($289.5 million), 5,887 BTC in Q2 ($443 million), and 10,599 BTC in Q3. Riot Platforms is now selling substantially all newly mined coins, essentially acting as a sell order with a power bill. Hut 8 sold 954 BTC in Q3 and 2,148 BTC in October, totaling 3,102 BTC, or about $250.2 million. Both companies are using the proceeds to fund their AI data center projects. Riot's AI pivot includes a 15-year lease for 910 MW at Corsicana, Texas, worth approximately $28 billion over the initial term, pushing contracted data center revenue to approximately $38 billion. Riot's Q3 net income fell to about $4 million, while Hut 8's $131.1 million net income came from a noncash gain on rising digital asset prices, not from operations. The market reactions to the two reports were different, with Riot's actions seen as a signal of supply hitting the market every day.